Apple iPad Mini release date and price is on the minds of every Apple fan. Since the iPhone 5 has been unveiled, with some of the rumors circulating proven to be true, consumers are looking into discovering when they can expect the Apple iPad Mini. New rumors suggest the latest Apple gadget is likely to appear in March at the same price as the new Apple iPod Touch. 

An article by Books & Reviews says that the iPad Mini release date for October seems unlikely. Apple has a trend of releasing iPads in March. The publication also reveals that the iPad Mini price "will likely be the same" as the new Apple iPod Touch which is priced at $299 for the 32GB model and $399 for the 64GB model. 

Gottabemobile.com, a mobile news and review site, stated that the iPad Mini is expected to be thinner and two-thirds of the size of the original iPad. Confirmed reports also said that it will indeed include front and rear cameras and a Retina Display.

The new iPad has high expectations to do well among consumers and reports suggest that it might debut a new direction for the Apple company.

"Back in 2010, former Apple CEO Steve Jobs said that smaller screened tablets were not 'sufficient to create great tablet apps' and would be 'dead on arrival,' so rumors suggesting a new iPad mini is in the works reveals a potentially new direction for the firm in its post-Jobs era," techradar.com said. 

Tim Cooks replaced Jobs as Apple CEO when the visionary died in 2011.